China United Property Insurance, with the full name "China United Property Insurance Company Limited", is a nationwide property insurance company approved by the China Insurance Regulatory Commission and established in December 2006. It is also the only property insurance company in China named with "China United". The company's registered capital reached RMB 14.64 billion in 2012. It has been awarded the title of "National A-level Trustworthy Enterprise" by the China Enterprise Credit Evaluation Management Center and the China Market Monitoring Center; for many consecutive years, it has been rated as "Most Trusted Property Insurance Company" and "China's 500 Most Valuable Brands" by the World Financial Laboratory and the World Brand Laboratory; for many consecutive years, it has been selected as one of the "Top 500 Chinese Enterprises" and "Top 500 Chinese Service Enterprises" by the China Enterprise Confederation. In 2016, China United Property Insurance achieved premium income of nearly RMB 40 billion, ranking fifth in the domestic property insurance market by market size, and its agricultural insurance business scale remained firmly second nationwide. China United Property Insurance has established 32 branches nationwide, with more than 2,500 business outlets and a workforce of nearly 40,000 employees, forming a relatively complete service network and establishing a high-quality professional team for insurance operations and services.
China United Property Insurance Company Limited Hunan Branch was established in June 2005. At present, it has set up institutions in 121 counties and urban districts across 14 cities and prefectures in the province, with its network covering all counties and cities in the province, and has nearly 3,000 contracted employees. From 2005 to 2016, the company accumulated premium income of over RMB 20 billion, assumed risks exceeding RMB 60 trillion, and its market share remained firmly among the top three in Hunan's property insurance industry. For many consecutive years, the company has been awarded "Second and Third Prize for Objective Management of Financial Institutions Supporting Local Economic Development" by the Hunan Provincial People's Government; it has been awarded the "Consumer Rights Protection Contribution Award" by the Consumers Association; from 2013 to 2016, the company was listed among the "Top 100 Enterprises in Hunan" for four consecutive years, and in 2016 its ranking jumped to 65th.
The company adheres to a people-oriented approach and implements a business strategy in which talent competition is the company's core competitiveness. The company implements "stable job positions + smooth promotion channels + unique incentive mechanisms", attaches great importance to employees' continuing education, and fully implements various outward bound training, professional training, and academic qualification upgrading education; it has established and improved a complete system for training and appointing young cadres and reserve cadres; it has recruited a large number of college students to take up leadership positions at different levels and become senior managers of the company.
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